🔴 Nanya Technology is trading 6.6% down today as higher Treasury yields pressure tech shares

Nanya Technology is trading 6.6% down at TWD 481.00 as Taiwan technology shares weakened alongside global semiconductor stocks.

• Higher U.S. Treasury yields pressured richly valued technology companies; Middle East tensions and inflation concerns added risk-off pressure.
• Analysts cited August futures settlement and foreign investors trimming technology holdings; no fresh company-specific catalyst was identified.
• Taiwan’s memory sector broadly declined, with Winbond also falling 4.82%.